BARCELONA, Spain, Dec 6 (Bernama-GLOBE NEWSWIRE) -- SVPER, the social, instant video-only app for forming new real-life relationships in real time, is pleased to announce the successful launch of its prototype SVPER app. SVPER, the first mobile application rewarding you for meeting new people in the real world, replaces user profiles, pictures and text messages with instant video invitations designed to encourage users to convert online connections into real-life relationships.

The Company has already received excellent feedback for its prototype from the SVPER community and will utilise this market intelligence to further improve the app. Furthermore, SVPER will be continuing its roadshow within Europe and the Middle-East to gain additional venture capital (“VC”) funding to ensure maximum success after the ICO. In order to incorporate the community feedback and allow sufficient time for due diligence checks and commitment of funds from interested parties, the Company has extended the ICO to 31 December 2018.

The SVPER video-only mobile app aims to disrupt the dating and social networking apps industry by encouraging users to meet new people safely in real life. SVPER uses video profiles and blockchain technology to convert online connections into real-life relationships, thereby overcoming the issue of social isolation in a digital age. It offers an instant platform which rewards users for meeting up and enjoying each other’s company in the form of SVPER Tokens.

SVPER’s innovative concept replaces user profiles, pictures and text messages with instant video invitations. Instead of a static photograph and a wordy description, SVPER uses instant video invitations posted by the user and invites others to RSVP. Users can see what people near them are doing (or planning to do), choose the activity they would like to join, and meet them in person straight away.

By integrating blockchain technology, SVPER leverages the advantages of the ERC-721 standard in the Ethereum blockchain to increase the security, trustworthiness and transparency within the app. Through a scoring system, users are assigned a “digital DNA” which is recorded on smart contracts to validate users’ identity, thereby eliminating fake profiles and bots. The blockchain also supports SVP Tokens which can be earned or bought by users and, in turn, used to make purchases through the app.